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ACCT
| Term | Definition |
|---|---|
| Accounting is the _________________ that, ______________, _____________, and _______________, the economic events of an organization to interested users. | Information System, identifies, records, and communicates |
| Sole Proprietorship | Bakery owned by one person | A business owned by one person, simple to establish, owner controlled, tax advantages. |
| Partnership | CPA firm owned by two or more people | |
| Corporation | Wal-Mart, Facebook |